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Video: What is a Stock Split?
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The Company's principal business is the business of the Bank and its subsidiary. It is engaged in accepting deposits and originating permanent loans that are secured by one-to-four family residential properties. According to our HFBA stock split history records, HFBA has had 1 split. | |
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HFBA (HFBA) has 1 split in our HFBA stock split history database. The split for HFBA took place on June 01, 2000. This was a 6 for 5
split, meaning for each 5
shares of HFBA owned pre-split, the shareholder now owned 6 shares. For example, a 1000 share position pre-split, became a 1200 share position following the split.
When a company such as HFBA splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the HFBA stock split history from start to finish, an original position size of 1000 shares would have turned into 1200 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into HFBA shares, starting with a $10,000 purchase of HFBA, presented on a split-history-adjusted basis factoring in the complete HFBA stock split history.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
05/06/2014 |
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End date: |
05/03/2024 |
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Start price/share: |
$19.60 |
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End price/share: |
$27.75 |
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Starting shares: |
510.20 |
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Ending shares: |
671.84 |
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Dividends reinvested/share: |
$7.70 |
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Total return: |
86.44% |
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Average Annual Total Return: |
6.43% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$18,648.36 |
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Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
05/06/2014 |
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End date: |
05/03/2024 |
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Start price/share: |
$19.60 |
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End price/share: |
$27.75 |
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Dividends collected/share: |
$7.70 |
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Total return: |
80.87% |
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Average Annual Total Return: |
6.11% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$18,095.19 |
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Years: |
10.00 |
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Date |
Ratio |
06/01/2000 | 6 for 5
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